Welcome, Guest. Please login or register.
Did you miss your activation email?
December 21, 2014, 12:22:34 pm
HomePredMockPollEVCalcAFEWIKIHelpLogin Register
News: Don't forget to get your 2013 Gubernatorial Endorsements and Predictions in!

+  Atlas Forum
|-+  General Politics
| |-+  Economics (Moderator: ag)
| | |-+  Homebuilders are busy once again in Las Vegas
« previous next »
Pages: [1] 2 Print
Author Topic: Homebuilders are busy once again in Las Vegas  (Read 1685 times)
Joe Republic
Moderators
YaBB God
*****
Posts: 31088
United States


View Profile
« on: May 27, 2012, 12:01:00 am »
Ignore

Las Vegas homebuilders can’t build houses fast enough these days to keep up with buyers’ demand.

Yes, you read that right.

The valley’s new home market is booming. Developers say they haven’t built, or sold, so many houses in years.

“I’m as much as 80 to 90 percent higher in volume than last year,” said Robert Beville, president of Harmony Homes. “I’ll probably more than double my deliveries this year.”

Applications for new home permits in Henderson, North Las Vegas, Las Vegas and Clark County have increased 40 percent from last year, according to Home Builders Research. Prices have risen 6 percent to an average of $201,000, and sales have jumped 20 percent. By June, experts expect to see 500 new-home closings a month.

“Some of the builders are selling one or more new homes a week,” said Kolleen Kelley, president of the Greater Las Vegas Association of Realtors. “That’s up considerably from last year.”
Logged



Real Americans (and Big Sky Bob) demand to know.


I just slept for 11 hours, so I should need a nap today, but we'll see.
Fuzzybigfoot
YaBB God
*****
Posts: 4117
United States


View Profile
« Reply #1 on: May 27, 2012, 12:27:09 am »
Ignore

5 congressional districts, here we come!  Cheesy
Logged
Tender Branson
Mark Warner 08
Moderators
YaBB God
*****
Posts: 35217
Austria


Political Matrix
E: -7.10, S: -6.09

P P P

View Profile
« Reply #2 on: May 27, 2012, 01:00:13 am »
Ignore

This is not good.

A) Which sicko wants to live in a desert ?

B) Aren't they running out of water there at some point in the next few years if this growth continues ?
Logged
Joe Republic
Moderators
YaBB God
*****
Posts: 31088
United States


View Profile
« Reply #3 on: May 27, 2012, 01:22:49 am »
Ignore

A) Which sicko wants to live in a desert ?

Ever been to one?

B) Aren't they running out of water there at some point in the next few years if this growth continues ?

Two feasible solutions have been proposed:

1. A pipeline that feeds from a deeper point in Lake Mead can be constructed, given that the current ones will soon start sucking air if the water levels continue to drop.

2. A pipeline that feeds from the underground water tables upstate can be built.  Expensive, and the rural communities are already manning the trenches in opposition, but I can see this happening in the next few decades anyway.

Also, a law was passed back in 2006 banning new houses from having lawns or gardens that require water to maintain.
Logged



Real Americans (and Big Sky Bob) demand to know.


I just slept for 11 hours, so I should need a nap today, but we'll see.
Tender Branson
Mark Warner 08
Moderators
YaBB God
*****
Posts: 35217
Austria


Political Matrix
E: -7.10, S: -6.09

P P P

View Profile
« Reply #4 on: May 27, 2012, 01:53:09 am »
Ignore

A) Which sicko wants to live in a desert ?

Ever been to one?

No, why would I go there ? To get killed by the sun and rattlesnakes ?

B) Aren't they running out of water there at some point in the next few years if this growth continues ?

Two feasible solutions have been proposed:

1. A pipeline that feeds from a deeper point in Lake Mead can be constructed, given that the current ones will soon start sucking air if the water levels continue to drop.

2. A pipeline that feeds from the underground water tables upstate can be built.  Expensive, and the rural communities are already manning the trenches in opposition, but I can see this happening in the next few decades anyway.

Also, a law was passed back in 2006 banning new houses from having lawns or gardens that require water to maintain.

What about a pipeline from the Pacific Ocean to Las Vegas ?
Logged
Senator bore
bore
YaBB God
*****
Posts: 3002
United Kingdom


View Profile
« Reply #5 on: May 27, 2012, 04:57:13 am »
Ignore

A) Which sicko wants to live in a desert ?

Ever been to one?

No, why would I go there ? To get killed by the sun and rattlesnakes ?

B) Aren't they running out of water there at some point in the next few years if this growth continues ?

Two feasible solutions have been proposed:

1. A pipeline that feeds from a deeper point in Lake Mead can be constructed, given that the current ones will soon start sucking air if the water levels continue to drop.

2. A pipeline that feeds from the underground water tables upstate can be built.  Expensive, and the rural communities are already manning the trenches in opposition, but I can see this happening in the next few decades anyway.

Also, a law was passed back in 2006 banning new houses from having lawns or gardens that require water to maintain.

What about a pipeline from the Pacific Ocean to Las Vegas ?

Beside the obvious cost issues, isn't salt water pretty useless?
Logged
Tender Branson
Mark Warner 08
Moderators
YaBB God
*****
Posts: 35217
Austria


Political Matrix
E: -7.10, S: -6.09

P P P

View Profile
« Reply #6 on: May 27, 2012, 09:28:35 am »
Ignore

A) Which sicko wants to live in a desert ?

Ever been to one?

No, why would I go there ? To get killed by the sun and rattlesnakes ?

B) Aren't they running out of water there at some point in the next few years if this growth continues ?

Two feasible solutions have been proposed:

1. A pipeline that feeds from a deeper point in Lake Mead can be constructed, given that the current ones will soon start sucking air if the water levels continue to drop.

2. A pipeline that feeds from the underground water tables upstate can be built.  Expensive, and the rural communities are already manning the trenches in opposition, but I can see this happening in the next few decades anyway.

Also, a law was passed back in 2006 banning new houses from having lawns or gardens that require water to maintain.

What about a pipeline from the Pacific Ocean to Las Vegas ?

Beside the obvious cost issues, isn't salt water pretty useless?

In the gulf countries they are desaltifying the salt water from the Indian Ocean. Maybe that's an option for Las Vegas too (or better desaltify it in CA already). But yeah, the costs of this would probably be massive.
Logged
LastVoter
seatown
YaBB God
*****
Posts: 4443
Thailand


View Profile
« Reply #7 on: May 27, 2012, 03:38:30 pm »
Ignore

A) Which sicko wants to live in a desert ?

Ever been to one?

No, why would I go there ? To get killed by the sun and rattlesnakes ?

B) Aren't they running out of water there at some point in the next few years if this growth continues ?

Two feasible solutions have been proposed:

1. A pipeline that feeds from a deeper point in Lake Mead can be constructed, given that the current ones will soon start sucking air if the water levels continue to drop.

2. A pipeline that feeds from the underground water tables upstate can be built.  Expensive, and the rural communities are already manning the trenches in opposition, but I can see this happening in the next few decades anyway.

Also, a law was passed back in 2006 banning new houses from having lawns or gardens that require water to maintain.

What about a pipeline from the Pacific Ocean to Las Vegas ?
This would be incredibly expensive, and desalination would be incredible expensive again. I think a better solution would be to ban green lawns in Phoenix, Tuscon and Las Vegas outside of Public parks.
Logged
fezzyfestoon
YaBB God
*****
Posts: 8279
United States


View Profile
« Reply #8 on: May 28, 2012, 11:35:27 am »
Ignore

Of course they are, nothing has changed since before the crisis. The market is still vastly skewed towards new development and cities still don't understand zoning or development laws in any way. The old adage I allude to in my signature has turned from generational ignorance to something probably close to a collective memory of a few months. We learn nothing from our mistakes and have no interest in real solutions to problems.
Logged
Joe Republic
Moderators
YaBB God
*****
Posts: 31088
United States


View Profile
« Reply #9 on: May 29, 2012, 02:49:43 pm »
Ignore

A) Which sicko wants to live in a desert ?

Ever been to one?

No, why would I go there ? To get killed by the sun and rattlesnakes ?

Okay, I assume you're just f[inks]ing around now.  Rattlesnakes?  Seriously?


In the gulf countries they are desaltifying the salt water from the Indian Ocean. Maybe that's an option for Las Vegas too (or better desaltify it in CA already). But yeah, the costs of this would probably be massive.

It would be.  That's why I already listed for you the two feasible options under consideration.
Logged



Real Americans (and Big Sky Bob) demand to know.


I just slept for 11 hours, so I should need a nap today, but we'll see.
True Federalist
Ernest
Moderators
YaBB God
*****
Posts: 29043
United States


View Profile WWW
« Reply #10 on: May 29, 2012, 05:41:14 pm »
Ignore

Conceivably, desalinization might play an indirect role in providing Las Vegas the water it wants.  It might be practical to pipe desalinized water to the Imperial Valley in place of the Colorado River water that now goes there and then have other users take more water further up the Colorado.
Logged

People find meaning and redemption in the most unusual human connections. — Khaled Hosseini
Sbane
sbane
YaBB God
*****
Posts: 13628


View Profile
« Reply #11 on: May 29, 2012, 05:50:38 pm »
Ignore

But why would California build expensive desalinization plants when we can get water from the Colorado already? Unless Nevada and other Colorado river states chipped in, I don't think California will be reducing the amount it takes from the Colorado.
Logged
Аverroës Nix
Averroës Nix
YaBB God
*****
Posts: 10374
United States


View Profile
« Reply #12 on: May 29, 2012, 05:58:44 pm »
Ignore

Las what? Are you taking about the gigantic automobile slum?
Logged

PS: I am using my late mother's Facebook account due to the difficulty of changing identities on Facebook. She has yet to complain.
Joe Republic
Moderators
YaBB God
*****
Posts: 31088
United States


View Profile
« Reply #13 on: May 29, 2012, 07:43:55 pm »
Ignore

Las what? Are you taking about the gigantic automobile slum?

Oh dear, you must have had a bad experience when you visited.  What happened?
Logged



Real Americans (and Big Sky Bob) demand to know.


I just slept for 11 hours, so I should need a nap today, but we'll see.
Аverroës Nix
Averroës Nix
YaBB God
*****
Posts: 10374
United States


View Profile
« Reply #14 on: May 29, 2012, 10:41:45 pm »
Ignore

I don't want to talk about it. It involves rattlesnakes.
Logged

PS: I am using my late mother's Facebook account due to the difficulty of changing identities on Facebook. She has yet to complain.
True Federalist
Ernest
Moderators
YaBB God
*****
Posts: 29043
United States


View Profile WWW
« Reply #15 on: May 30, 2012, 12:06:54 am »
Ignore

But why would California build expensive desalinization plants when we can get water from the Colorado already? Unless Nevada and other Colorado river states chipped in, I don't think California will be reducing the amount it takes from the Colorado.

Agreed, but the scheme I laid out could conceivably be the least expensive scheme for the upstream users to get more water.

Also California may need to do that anyway.  The Colorado is horrendously overdrawn already.
Logged

People find meaning and redemption in the most unusual human connections. — Khaled Hosseini
RomneyGekko Situation Hairgel
Flyers2004
YaBB God
*****
Posts: 10527


Political Matrix
E: -3.48, S: -4.87

View Profile
« Reply #16 on: June 12, 2012, 10:35:12 pm »
Ignore

This is not good.

A) Which sicko wants to live in a desert ?

B) Aren't they running out of water there at some point in the next few years if this growth continues ?

A) Me.  I'd love to live there.  LOW humidity and sitting by the pool at 90 degrees with a 5% humidity is awesome.
Logged


DOUCHEBAGGERY AT ITS FINEST!
True Federalist
Ernest
Moderators
YaBB God
*****
Posts: 29043
United States


View Profile WWW
« Reply #17 on: June 12, 2012, 10:53:45 pm »
Ignore

This is not good.

A) Which sicko wants to live in a desert ?

B) Aren't they running out of water there at some point in the next few years if this growth continues ?

A) Me.  I'd love to live there.  LOW humidity and sitting by the pool at 90 degrees with a 5% humidity is awesome.

You can have humidity that low?  As a resident of South Carolina's 2nd Congressional District, I say that "You Lie!"
Logged

People find meaning and redemption in the most unusual human connections. — Khaled Hosseini
opebo
YaBB God
*****
Posts: 47606


View Profile
« Reply #18 on: June 13, 2012, 02:36:20 am »
Ignore

This is not good.

A) Which sicko wants to live in a desert ?

B) Aren't they running out of water there at some point in the next few years if this growth continues ?

A) Me.  I'd love to live there.  LOW humidity and sitting by the pool at 90 degrees with a 5% humidity is awesome.

You can have humidity that low?  As a resident of South Carolina's 2nd Congressional District, I say that "You Lie!"

Chapped lips, guys.  Chapped lips and premature wrinkling.

As for the subject of the thread - it is really astounding that they are building homes again.  I would have thought the only homes to be built nowadays would be for the very high-end luxury market - say at least 800,000-1,000,000 dollar plus houses (double that for CA, etc.).  This income bracket is doing well as is this housing bracket.  But everything below is sheer deflation.
Logged

The essence of democracy at its purest is a lynch mob

Torie
Moderators
YaBB God
*****
Posts: 27545
United States


View Profile
« Reply #19 on: June 13, 2012, 12:34:25 pm »
Ignore

This is not good.

A) Which sicko wants to live in a desert ?

B) Aren't they running out of water there at some point in the next few years if this growth continues ?

A) Me.  I'd love to live there.  LOW humidity and sitting by the pool at 90 degrees with a 5% humidity is awesome.

You can have humidity that low?  As a resident of South Carolina's 2nd Congressional District, I say that "You Lie!"

Chapped lips, guys.  Chapped lips and premature wrinkling.

As for the subject of the thread - it is really astounding that they are building homes again.  I would have thought the only homes to be built nowadays would be for the very high-end luxury market - say at least 800,000-1,000,000 dollar plus houses (double that for CA, etc.).  This income bracket is doing well as is this housing bracket.  But everything below is sheer deflation.

Upper middle class neighborhoods in Socal are in rather pronounced price upswing at the moment actually. I even see signs of life out in the desert in those gated golfing communities. Indio however is still prostrate.
Logged

Vosem
YaBB God
*****
Posts: 5772
United States


View Profile
« Reply #20 on: June 13, 2012, 08:17:06 pm »
Ignore

This is not good.

A) Which sicko wants to live in a desert ?

B) Aren't they running out of water there at some point in the next few years if this growth continues ?

A) Me.  I'd love to live there.  LOW humidity and sitting by the pool at 90 degrees with a 5% humidity is awesome.

A) I could never live in a desert. I live in Cleveland and I would rather it rain/snow more.

B) Yes, but there're ways to fix that, as JR detailed.
Logged

Illegally selling arms to North Korea, providing most of the money to anti-Morales rebels in Bolivia, and using the remainder as hush money for his three ex-mistrisses. 
opebo
YaBB God
*****
Posts: 47606


View Profile
« Reply #21 on: June 14, 2012, 05:48:38 am »
Ignore

I would have thought the only homes to be built nowadays would be for the very high-end luxury market - say at least 800,000-1,000,000 dollar plus houses (double that for CA, etc.).  This income bracket is doing well as is this housing bracket.  But everything below is sheer deflation.

Upper middle class neighborhoods in Socal are in rather pronounced price upswing at the moment actually. I even see signs of life out in the desert in those gated golfing communities. Indio however is still prostrate.

I don't know 'Indio' but I would assume it is the area out in the Eastern part of the LA metro.  But when you say 'upper middle class' in Socal what is the price range?  Does that designation fit my $1.6-2 million conjecture above?
Logged

The essence of democracy at its purest is a lynch mob

Torie
Moderators
YaBB God
*****
Posts: 27545
United States


View Profile
« Reply #22 on: June 14, 2012, 09:07:03 am »
Ignore

I would have thought the only homes to be built nowadays would be for the very high-end luxury market - say at least 800,000-1,000,000 dollar plus houses (double that for CA, etc.).  This income bracket is doing well as is this housing bracket.  But everything below is sheer deflation.

Upper middle class neighborhoods in Socal are in rather pronounced price upswing at the moment actually. I even see signs of life out in the desert in those gated golfing communities. Indio however is still prostrate.

I don't know 'Indio' but I would assume it is the area out in the Eastern part of the LA metro.  But when you say 'upper middle class' in Socal what is the price range?  Does that designation fit my $1.6-2 million conjecture above?

Oh, areas where lower end houses are around 750K or so might be near the break point as a guess. It is amazing to look at an LA County map. The areas with appreciation are very tightly correlated with chic.
Logged

Torie
Moderators
YaBB God
*****
Posts: 27545
United States


View Profile
« Reply #23 on: June 14, 2012, 01:18:41 pm »
Ignore

I would have thought the only homes to be built nowadays would be for the very high-end luxury market - say at least 800,000-1,000,000 dollar plus houses (double that for CA, etc.).  This income bracket is doing well as is this housing bracket.  But everything below is sheer deflation.

Upper middle class neighborhoods in Socal are in rather pronounced price upswing at the moment actually. I even see signs of life out in the desert in those gated golfing communities. Indio however is still prostrate.

I don't know 'Indio' but I would assume it is the area out in the Eastern part of the LA metro.  But when you say 'upper middle class' in Socal what is the price range?  Does that designation fit my $1.6-2 million conjecture above?

Indio
Logged

Sbane
sbane
YaBB God
*****
Posts: 13628


View Profile
« Reply #24 on: June 14, 2012, 02:32:59 pm »
Ignore

I would have thought the only homes to be built nowadays would be for the very high-end luxury market - say at least 800,000-1,000,000 dollar plus houses (double that for CA, etc.).  This income bracket is doing well as is this housing bracket.  But everything below is sheer deflation.

Upper middle class neighborhoods in Socal are in rather pronounced price upswing at the moment actually. I even see signs of life out in the desert in those gated golfing communities. Indio however is still prostrate.

I don't know 'Indio' but I would assume it is the area out in the Eastern part of the LA metro.  But when you say 'upper middle class' in Socal what is the price range?  Does that designation fit my $1.6-2 million conjecture above?

Oh, areas where lower end houses are around 750K or so might be near the break point as a guess. It is amazing to look at an LA County map. The areas with appreciation are very tightly correlated with chic.

Where are you seeing this map of price changes?
Logged
Pages: [1] 2 Print 
« previous next »
Jump to:  


Login with username, password and session length

Logout

Powered by SMF 1.1.20 | SMF © 2013, Simple Machines